Tech firms pen letter to EU requesting more time to comply with AI Act
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.
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Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next?
Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark. Bitcoin daily price chart. Source: Coin360Earlier in the day Bitcoin’s price dropped below $9,000 to a daily low at $8,879, which led some analysts to issue…
Russian Authorities Sign MoU With Maersk to Officially Launch TradeLens in Russia
Russian authorities have signed an agreement with Danish logistics giant Maersk to officially launch blockchain shipping platform TradeLens, according to a press release on June 6.As a part of the agreement, the port at Russia’s second-biggest city, St. Petersburg, will pilot the blockchain-powered logistics tool co-developed by Maersk’s tech subsidiary Maersk GTD and global tech…
US senators commit to advancing crypto bill despite FTX collapse
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.” 613 Total views 15 Total shares United States senators Debbie Stabenow and John Boozman have doubled down on their commitment to publishing a final version of the Digital Commodities Consumer Protection Act 2022…
Adam Back Denies Having a Beer With Satoshi Nakamoto
According to Marshall Hayner, an early Bitcoin (BTC) adopter, Adam Back had a beer with Satoshi Nakamoto in London.“Yeah, I met him once”Metal Pay CEO Marshall Hayner told Cointelegraph a story he heard from Back at a party in Los Gatos some years ago. The party was thrown to celebrate the formation of Blockstream and…
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever.Bitcoin and the dollar go in opposite waysNotably, the weekly correlation coefficient between BTC and the dollar dropped to 0.77 below zero in the week ending July…
3 reasons why Gitcoin (GTC) price has rallied 100% in a month
As the blockchain industry expands and becomes more of a fixture in everyday life, the idea of 'one chain to rule them all’ and the general ideology of blockchain maximalism is beginning to fall to the wayside and the focus on interoperability and cross-chain collaboration is coming to the forefront.One project that is specifically designed…
Bitfinex Market Manipulation Lawsuit Refiled in New York and Joined by Second Case
An Oct. 10 class-action lawsuit filed against iFinex Inc., the parent company of Bitfinex and Tether, was refiled on Jan. 8 in New York’s Southern District. The lawsuit by Young et al. was followed on the next day by a similar class-action filing by Bryan Faubus.The original lawsuit alleges that iFinex manipulated the cryptocurrency market…
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems. 1416 Total views 11 Total shares Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds…